£220,365
This estimated value is based upon the latest sale price for the house of £165,000 on 20 Jun 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£165,000 | 20 Jun 2016 |
£135,000 | 9 Jan 2004 |
£82,500 | 11 Mar 2002 |
£42,000 | 17 Oct 1997 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 673 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in June 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £165,000 results in an estimated price of approximately £220,365.
20 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £165,000 | £55,365 | £220,365 |
The Postcode Pricing Model uses changes in average sales price within the CO16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 51.349 % | £84,726 | £249,726 |
3 Month Average | 21.594 % | £35,630 | £200,630 |
6 Month Average | 27.354 % | £45,134 | £210,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £151,500 | £151,500 | 30 PURLEY WAY |
3 May 2022 | £244,609 | £240,000 | 4 WOODROWS LANE |
4 Mar 2022 | £300,516 | £290,000 | 24 WOODROWS LANE |
14 Jan 2022 | £282,572 | £268,500 | 37 WOODROWS LANE |
11 Oct 2021 | £401,098 | £362,500 | 32 BOCKINGS GROVE |
This house has a floor area of 62 sq meters or 673 sq feet when measured on 21 Oct 2009. Using an estimated price of £220,366 means this house is valued at £3,519 per sq meter (£326 per sq foot).
The average size of a house on WOODROWS LANE is 100 sq meters (1,080 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warnham Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warnham Close |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Warnham Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warnham Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Purley Way |